Amidst the doom and gloom present at this week's European Hotel Investment Conference at The Dorchester hotel there were a few chaps lurking in corners rubbing their hands. No, perhaps surprisingly, it wasn't at the sight of Deloitte's Marvin Rust in a pink lame abba catsuit opening proceedings that precipiated their glee.
Kitchen Rat discovered that,while everyone else is holding their breath, hunkering down and praying not to go bust, the laywers don't really care.
In an unguarded moment one told us: "We don't really care if they're buying at the peak of the market or if it's distressed properties forced to sell. We just don't want nothing to be happening."
Good to know the lawyers are living up to their reputation as kind, sympathetic beings then.
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